SBI PO Salary 2024 Pay Scale Job Profile

State Bank of India (SBI) is the biggest bank in India. It has most no. of branches. It gives more salary to its employees as compared to any other bank in the nation. If you have any questions regarding SBI Probationary officer (PO) Salary, Pay Scale, Emoluments, Perks, Allowances etc. then here we have the answer.

Check SBI PO Salary 2024 and Pay Scale:

Appointed candidates is placed in the scale of Rs. 36000-1490/7-46430-1740/2-49910-1990/7-63840 applicable to Junior Management Grade Scale-I (JMGS-I).

The salary increases as the basic pay and DA increases over the years.

SBI PO Salary 2024 per month in starting

The starting basic pay of this post is Rs. 41960/- per month. This is with 4 advance increments. Total salary after adding all allowances will be around Rs. 58000-62000 per month depending on place of posting.

Candidate will be provided various allowances based on basic pay i.e. D.A, H.R.A/Lease rental, C.C.A, Medical and other allowances & perquisites as per rules. The rate of these allowances vary from time to time. SBI had increased the basic pay and other allowances for Probationary officer posts over the years.

Job Profile :

The selected probationary officers will be liable to serve anywhere in India. First the newly absorbed probationary officers probation period is of two years that consist of training. Near the end of probation/training period, there will be a screening process for placement in the higher grade i.e., Officer Middle Management Grade Scale-II. Those candidates who qualify in the test but fail to achieve the standards set for placement in MMGS-II, will be confirmed as Officer Junior Management Grade Scale-I.

How to Calculate Salary from Pay Scale or Grade Pay

Joining, Training & Career Path

A online course is to be completed by the new candidate consisting of basic banking knowledge before joining. At the time of joining, Rs. 2 lac bond is to be executed by the candidate for serving the bank for minimum 3 years. Joining candidates will be placed as Probationary Officer with 2 years probation.